Travel Industry Demand Expected to Sustain Momentum for 4-5 Years, According to Thomas Cook’s Madhavan M…

Madhavan Menon, executive chairman of Thomas Cook (India) Limited, anticipates that growth in the travel industry will persist for the next 4 to 5 years, driven by increased purchasing power and a growing trend for holidays. Menon suggests that only a highly unexpected, disruptive occurrence -a so-called “black swan” event- could halt this momentum. Even so, he points out that the Covid-19 pandemic, which was a black swan event, has ended up being favorable to his business.

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